Company Description: Company is a fast-growing enterprise specializing in the construction of cell towers. Company expertise and dedication to quality have earned them the trust of major clients such as DITO and Globe. They provide comprehensive solutions from site acquisition to tower erection and maintenance, ensuring seamless connectivity and infrastructure for clients. Their commitment to innovation and excellence has positioned them as a key player in the telecommunications infrastructure sector.

Loan Request

Amount of Loan: PHP 1,500,000

Interest Rate: 24% per annum

Period: One year with an option to pre-terminate at no penalty

Collateral

• Post-Dated Checks: Secured by post-dated checks to guarantee timely repayment and
• Invoice Factoring Agreement: Secured by a factoring of invoice agreement, leveraging our accounts receivable to provide additional security for the loan.

Purpose of Loan

The primary purpose of this loan is to support the expansion of business. Specifically, the funds will be used to:

1. Increase Capacity: Enhance operational capabilities to take on more projects and meet the growing demands of clients.
2. Expand Client Base: Invest in business development and marketing efforts to attract new clients and diversify portfolio.
3. Improve Cash Flow: Ensure a steady flow of working capital to manage project costs and streamline operations.